Stock market ‘on cusp’ of important test: Watch this S&P 500 level if 2022 low gives way, says RBC
September 26, 2022 at 14:07 PM EDT
The S&P 500 is approaching an important level to watch beyond its 2022 low, as investors anticipate a spike in jobless claims amid recession fears and soured sentiment in the U.S. stock market, according to an RBC Capital Markets note.